Corporate profile - DRDGOLD (2024)

Who we are

Established 128 years ago, DRDGOLD’s longevity is a result of adapting to an ever-changing environment, taking full advantage of good fortune as and when it presents itself, as well as maintaining a disciplined approach to what is within our control.

Our capacity to treat mine waste, our recently established relationship with Sibanye-Stillwater and the enthusiasm and energy of our team, place DRDGOLD in a very strong position to continue to play a role in the future of mining in South Africa, and perhaps even internationally.

Early adoption of sustainable development as the primary idea in shaping our thinking and informing the deployment of our resources and capital, has meant that for us, ESG requires a nuanced adaption of our existing narrative. The work has been done and the foundation is in place to continue on a path of sustainable, responsible mining.

Promoting values of Sustainable Development

How we turn our values into actions

  • Honesty in all dealings
    Earning and maintaining trust through professionalism, consistent honourable behaviour and mutual respect.
  • Everyone deserves respect, dignity and fairness
    Embracing the diversity of thought, insight, perspective and outcomes that results from an inclusive and engaged workforce.
  • Our word is our bond
    Presenting the best versions of ourselves and our business, demonstrated by the standard to which we deliver.
  • Achieving goals through teamwork
    Consistently fulfilling our individual role in the collective effort, sharing expertise, encouragement and celebration of what we achieve.
  • Think, stay informed
    Gaining and sharing insight, aligning focus, skills and knowledge to deliver our strategy.
  • Courage to change
    Challenging the norm and seeking opportunities to improve, innovate and adapt.

Our history

1977

Ergo operations commissioned by Anglo American Corporation, becoming part of AngloGold Ashanti in 1998.

1987

City plant commissioned as a metallurgical surface/underground plant.

1988

Knights plant commissioned as a metallurgical surface/underground plant.

2002

ERPM Extension 1 and 2 exploration tenements acquired.

2007

Ergo acquired by DRDGOLD from AngoGold Ashanti, consisting of what was historically the Crown Gold Recoveries Proprietary Limited (“Crown”), ERPM Cason Dump operation and the ErgoGold business units.

2009

ERPM, consisting of an underground mine, placed under care and maintenance.

2012

Restructuring occurs in terms of which all the surface retreatment operations are consolidated into a single operating entity, Ergo Mining Proprietary Limited (Ergo). Also, as part of this restructuring, Ergo acquired DRDGOLD’s 35% interest in ErgoGold.

50 Km Crown Ergo Pipeline commissioned to link the consolidated assets and refurbishment of Ergo plant takes places to increase capacity for increased material into the plant.

2013

City Deep plant decommissioned as a metallurgical plant and operates as a milling and pump station, pumping material to the Ergo plant for the final extraction of gold.

2017

Crown Mines plant, maintenance which operated as a pump/milling station feeding the metallurgical plants, closes down and by 2018 rehabilitation of the site is substantially complete.

2018

DRDGOLD acquires West Rand Tailings Retreatment Project (WRTRP) assets from Sibanye-Stillwater.
WRTRP subsequently renamed FWGR.

2019

Disposal of the ERPM underground mining and prospecting rights to OroTree to OroTree.
FWGR reaches commercial production.

2023

Approval for the full development of a 60Mw solar farm and 160Mwh battery energy storage system obtained

Listings

With its head office in Johannesburg, South Africa, DRDGOLD’s primary listing is on the JSE Limited and its secondary listing is on the New York Stock Exchange. As at 2023, DRDGOLD boasts a 16-year unbroken track record of paying dividends to shareholders.

Corporate profile - DRDGOLD (2024)

FAQs

Who is the owner of DRDGOLD? ›

Shareholder information
% of total issued share capital
2) Major shareholders* (1% and more of the shares in issue)
Sibanye Gold Limited50.10%
The Bank Of New York Mellon Dr#27.34%
Government Employees Pension Fund P3.98%
28 more rows

Where is the head office of DRDGOLD? ›

With its head office in Johannesburg, South Africa, DRDGOLD's primary listing is on the JSE Limited and its secondary listing is on the New York Stock Exchange. As at 2023, DRDGOLD boasts a 16-year unbroken track record of paying dividends to shareholders.

Who is the CFO of DRDGOLD? ›

Riaan Davel - Chief Financial Officer - DRDGOLD Limited | LinkedIn.

What does DRDGOLD do? ›

DRDGOLD is a JSE-listed gold producer and specialist in the recovery of residue metal from the retreatment of tailings.

Who is the CEO of Dru Gold? ›

Akhilesh Agarwal, Founder and CEO of DRU GOLD is an enthusiastic young entrepreneur who aspires to create and make a difference in the entrepreneurial ecosystem of India.

Who is the CEO of Goldco? ›

This achievement underscores the hard work of our team and the confidence of our customers,” said Goldco's CEO Trevor Gerszt.

Who is the CFO over? ›

The CFO thus has ultimate authority over the finance unit and is the chief financial spokesperson for the organization. The CFO typically reports to the chief executive officer (CEO) and the board of directors and may additionally have a seat on the board.

Who is the head of the FinOps? ›

The Head of FinOps (Financial Operations) will be responsible for establishing and leading a comprehensive FinOps service for our clients, primarily utilizing Azure and AWS cloud environments.

Who is the CEO of funding forward? ›

David Schlesinger - CEO at Funding Forward | The Org.

How often does DRD pay dividends? ›

DRDGOLD Dividend Information

DRDGOLD has a dividend yield of 2.81% and paid $0.22 per share in the past year. The dividend is paid every six months and the next ex-dividend date is Sep 13, 2024.

Where is Durban Deep Mine located? ›

Durban Roodeport Deep Gold Mine, City of Johannesburg Metropolitan Municipality, Gauteng, South Africai. Regional Level Types. Durban Roodeport Deep Gold Mine. Mine (Abandoned)

What does gold ETF stand for? ›

A Gold ETF is an exchange-traded fund (ETF) that aims to track the domestic physical gold price. They are passive investment instruments that are based on gold prices and invest in gold bullion. In short, Gold ETFs are units representing physical gold which may be in paper or dematerialised form.

Who is the owner of DLM Capital Group? ›

DLM is wholly owned by Dunn Loren Merrifield LLC (the majority shareholder being the Group Chief Executive Officer).

Who is the owner of Gold Water? ›

Gold water is a product brought to you by FEDA WAK PLC, a company established with the aim of producing a high-quality bottled water and other non-alcoholic beverages which is easily accessible for its customer with affordable price.

Who is the owner of Gainesville coins? ›

Michael Yaffe - Owner - Gainesville Coins Inc.

Who is the owner of Phoenix Gold Mine? ›

Since 1988, Phoenix Gold Mine has been family owned and operated. The Mosch family is "the oldest continuous mining family in the state" of Colorado. Phoenix Gold Mine has been featured on the Discovery Channel and the Travel Channel. Idaho Springs, Colorado.

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